AFAA-Net A/S — Credit Rating and Financial Key Figures

CVR number: 40914072
Hans Hartvig Seedorffs Stræde 3, 8000 Aarhus C

Credit rating

Company information

Official name
AFAA-Net A/S
Established
2019
Company form
Limited company
Industry
  • Expand more icon61Telecommunications

About AFAA-Net A/S

AFAA-Net A/S (CVR number: 40914072) is a company from AARHUS. The company recorded a gross profit of -14.6 kDKK in 2023. The operating profit was -148.5 kDKK, while net earnings were -198.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.7 %, which can be considered poor and Return on Equity (ROE) was -13.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AFAA-Net A/S's liquidity measured by quick ratio was 28.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020202120222023
Volume
Net sales
Gross profit- 112.26-15.00-11.96-14.63
EBIT- 246.15- 148.89- 145.85- 148.52
Net earnings- 193.95- 118.92- 116.23- 198.62
Shareholders equity total1 806.051 687.131 570.901 372.28
Balance sheet total (assets)1 863.101 745.701 605.901 407.28
Net debt- 831.35- 857.58- 315.94- 310.54
Profitability
EBIT-%
ROA-13.2 %-8.3 %-8.7 %-9.7 %
ROE-10.7 %-6.8 %-7.1 %-13.5 %
ROI-13.3 %-8.4 %-8.8 %-9.8 %
Economic value added (EVA)- 193.88-87.98- 154.19- 263.26
Solvency
Equity ratio96.9 %96.6 %97.8 %97.5 %
Gearing1.9 %1.5 %1.6 %1.8 %
Relative net indebtedness %
Liquidity
Quick ratio23.618.430.628.7
Current ratio23.618.430.628.7
Cash and cash equivalents866.35882.58340.94335.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-9.72%
Rating: 10/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.5%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chief executive officer
Chairman of the board

Companies in the same industry

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